Sunday, March 6, 2011

Europe Is Getting It All Wrong, The Crisis Isn’t About Sovereign Debt, It’s About The Banking Sector



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Europe Is Getting It All Wrong, The Crisis Isn't About Sovereign Debt, It's About The Banking Sector

Eichengreen, a professor at Berkeley, sees the European problem as a banking sector crisis, not a sovereign debt one, with Europe's leading countries choosing to bail out countries with high interest loans, rather than support their own banks faced with exposures.

Read more on Business Insider







Europe's manufacturing sector conditions either remained the same or slowed slightly

Europe's manufacturing sector conditions either remained the same or slowed slightly

Read more on MENAFN







HSBC considering move to Hong Kong - report

LONDON (Reuters) - Europe's biggest bank HSBC may move its headquarters from London to Hong Kong because of what it sees as high levels of tax and red tape in the UK, according to a report in the...

Read more on Reuters








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